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The Week in Weed: January 20, 2023

The Blunt Truth

And finally, if you’re looking for a cannabis-friendly hotel in Las Vegas, there’s a new place in town to stay. Fast forward to 2023, and we’re still waiting for those regs. The three jurisdictions, known collectively as the DMV, have had very different laws as regards cannabis as long as this blog has been around.

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How Kevin Durant Ended the NBA’s Cannabis Ban

Veriheal

All-star basketball player Kevin Durant recently scored a historic victory for cannabis advocacy. Previous efforts by Durant had significant involvement in the National Basketball Association’s (NBA) decision to remove cannabis from its list of banned substances. He’s also a fierce cannabis advocate.

Advocacy 112
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Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

Cannabis use is increasing all around the world. The American marijuana industry was worth about $57 billion in 2023 and is projected to reach $444 billion by 2030, a staggering growth that reflects it as the fastest-growing industry anywhere in the world.

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Cannabinoids for Tinnitus?

Project CBD

The CBD she took may or may not have helped, but according to a recent survey of tinnitus patients, she wasn’t alone in trying — or at least in being interested in cannabis as a potential remedy. Among the 45 respondents, median age 55, only 10 said they were current cannabis users (19 had never used, and 16 had used in the past).

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Medicinal Cannabis Use Approved in French Polynesia

Veriheal

The people of French Polynesia can now legally use medicinal cannabis following the local assembly’s approval of a consumption law. The law also permits the agricultural production of cannabis and hemp for industrial purposes, with a heavy emphasis on pharmaceutical crops. .

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New York Adult-Use Cannabis Rules and Regulations: They’re (Almost) Here

Canna Law Blog

On November 15, 2022, New York’s Cannabis Control Board (CCB) announced a significant CCB meeting that is scheduled to be held in-person and virtually on November 21, 2022. Realistically, the license application process won’t start until Spring of 2023. Cannabis Collective (Co-op). Microbusiness License.

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Tax Foundation: Coloradans to Vote on Structurally Unsound Property and Cannabis Tax Changes

Cannabis Law Report

Colorado Proposition 119: Increasing Cannabis Taxes. To partially fund the program, the state’s tax on retail sales of cannabis would increase from 15 percent to 20 percent over three years. Colorado collected $410 million in cannabis excise tax es in FY 2021 from a 15 percent wholesale tax and 15 percent retail tax.